ATY

Atico MiningTSXV:ATY Stock Report

Market Cap

CA$61.9m

7D

0%

1Y

-12.1%

Updated

16 Sep, 2021

Data

Company Financials +
ATY fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends0/6

ATY Overview

Atico Mining Corporation engages in the acquisition, exploration, and development of copper and gold projects in Latin America.

Price History & Performance

Summary of all time highs, changes and price drops for Atico Mining
Historical stock prices
Current Share PriceCA$0.51
52 Week HighCA$0.39
52 Week LowCA$0.78
Beta2.6
1 Month Change5.16%
3 Month Change-15.00%
1 Year Change-12.07%
3 Year Change25.93%
5 Year Change-3.77%
Change since IPO-15.00%

Recent News & Updates

Aug 10
These 4 Measures Indicate That Atico Mining (CVE:ATY) Is Using Debt Reasonably Well

These 4 Measures Indicate That Atico Mining (CVE:ATY) Is Using Debt Reasonably Well

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

Jun 09
It's Unlikely That Atico Mining Corporation's (CVE:ATY) CEO Will See A Huge Pay Rise This Year

It's Unlikely That Atico Mining Corporation's (CVE:ATY) CEO Will See A Huge Pay Rise This Year

CEO Fernando Ganoza has done a decent job of delivering relatively good performance at Atico Mining Corporation...

Shareholder Returns

ATYCA Metals and MiningCA Market
7D0%-2.6%-0.2%
1Y-12.1%-13.7%29.1%

Return vs Industry: ATY underperformed the Canadian Metals and Mining industry which returned -10.4% over the past year.

Return vs Market: ATY underperformed the Canadian Market which returned 30% over the past year.

Price Volatility

Is ATY's price volatile compared to industry and market?
ATY volatility
ATY Beta2.6
Industry Beta1.09
Market Beta1

Stable Share Price: ATY is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: ATY's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2010n/aFernando Ganozahttps://www.aticomining.com

Atico Mining Corporation engages in the acquisition, exploration, and development of copper and gold projects in Latin America. The company also explores for silver deposits. Its principal project is the El Roble mine, which covers an area of 6,355 hectares located in Department of Choco, Colombia.

Atico Mining Fundamentals Summary

How do Atico Mining's earnings and revenue compare to its market cap?
ATY fundamental statistics
Market CapUS$48.75m
Earnings (TTM)US$9.04m
Revenue (TTM)US$71.92m

5.4x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ATY income statement (TTM)
RevenueUS$71.92m
Cost of RevenueUS$44.68m
Gross ProfitUS$27.24m
ExpensesUS$18.20m
EarningsUS$9.04m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.076
Gross Margin37.87%
Net Profit Margin12.57%
Debt/Equity Ratio9.7%

How did ATY perform over the long term?

See historical performance and comparison

Valuation

Is Atico Mining undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ATY (CA$0.51) is trading below our estimate of fair value (CA$1.76)

Significantly Below Fair Value: ATY is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: ATY is good value based on its PE Ratio (5.4x) compared to the Canadian Metals and Mining industry average (11.3x).

PE vs Market: ATY is good value based on its PE Ratio (5.4x) compared to the Canadian market (12.9x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate ATY's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ATY is good value based on its PB Ratio (0.8x) compared to the CA Metals and Mining industry average (2.5x).


Future Growth

How is Atico Mining forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

-10.1%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if ATY's forecast earnings growth is above the savings rate (1.5%).

Earnings vs Market: Insufficient data to determine if ATY's earnings are forecast to grow faster than the Canadian market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: ATY's revenue is expected to decline over the next 3 years (-10.1% per year).

High Growth Revenue: ATY's revenue is forecast to decline over the next 3 years (-10.1% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if ATY's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Atico Mining performed over the past 5 years?

42.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ATY has high quality earnings.

Growing Profit Margin: ATY's current net profit margins (12.6%) are higher than last year (6.7%).


Past Earnings Growth Analysis

Earnings Trend: ATY has become profitable over the past 5 years, growing earnings by 42.9% per year.

Accelerating Growth: ATY's earnings growth over the past year (151.5%) exceeds its 5-year average (42.9% per year).

Earnings vs Industry: ATY earnings growth over the past year (151.5%) exceeded the Metals and Mining industry 116%.


Return on Equity

High ROE: ATY's Return on Equity (13.8%) is considered low.


Financial Health

How is Atico Mining's financial position?


Financial Position Analysis

Short Term Liabilities: ATY's short term assets ($35.3M) exceed its short term liabilities ($12.0M).

Long Term Liabilities: ATY's short term assets ($35.3M) exceed its long term liabilities ($24.7M).


Debt to Equity History and Analysis

Debt Level: ATY's debt to equity ratio (9.7%) is considered satisfactory.

Reducing Debt: ATY's debt to equity ratio has reduced from 35.6% to 9.7% over the past 5 years.

Debt Coverage: ATY's debt is well covered by operating cash flow (346.8%).

Interest Coverage: ATY's interest payments on its debt are well covered by EBIT (19.2x coverage).


Balance Sheet


Dividend

What is Atico Mining current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate ATY's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate ATY's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if ATY's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ATY's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ATY's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.0yrs

Average management tenure


CEO

Fernando Ganoza (48 yo)

9.42yrs

Tenure

US$736,390

Compensation

Mr. Fernando Elias Ganoza, B. SC. Engineering, MBA has been the Chief Executive Officer at Atico Mining Corporation since April 24, 2012. Mr. Ganoza has extensive management experience in Latin America inc...


CEO Compensation Analysis

Compensation vs Market: Fernando's total compensation ($USD736.39K) is above average for companies of similar size in the Canadian market ($USD162.10K).

Compensation vs Earnings: Fernando's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: ATY's management team is considered experienced (2 years average tenure).


Board Members

Experienced Board: ATY's board of directors are considered experienced (7.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Atico Mining Corporation's employee growth, exchange listings and data sources


Key Information

  • Name: Atico Mining Corporation
  • Ticker: ATY
  • Exchange: TSXV
  • Founded: 2010
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$61.856m
  • Shares outstanding: 121.29m
  • Website: https://www.aticomining.com

Location

  • Atico Mining Corporation
  • 543 Granville Street
  • Suite 501
  • Vancouver
  • British Columbia
  • V6C 1X8
  • Canada

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/16 22:55
End of Day Share Price2021/09/16 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.